Property summary
This exceptional investment opportunity presents a 5,247 square foot, single-story medical office building constructed in 2020, located at 609 E 6th Court, Panama City, FL 32401. The property sits on a 46,173.6 square foot lot and is currently 100% leased to reputable tenants with reliable lease agreements. The building boasts a contemporary design and features two mirrored sides, maximizing functionality and workflow. Ample parking is available for staff and patients. Its strategic location offers easy access to major highways 231, 77, and 98, ensuring convenient transportation. The asking price is $1,400,000. The property includes four parcels: 20364-000-000, 20365-000-000, 20366-000-000, and 20367-000-000. Approximately 2,400 square feet of space could become available relatively quickly if needed. This prime location in a major medical hub provides both immediate rental income and significant long-term appreciation potential, making it an ideal investment for discerning buyers seeking a stable and profitable asset. The property's proximity to Ascension Sacred Heart Hospital further enhances its desirability and value.
Property profile
VerifiedCap rate & NOI
Current use
-
Spa & Massage Center Skin Care Clinic
-
Weight Loss Service Cosmetic Surgeon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PC04 · Panama City, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PC04 in Panama City, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.